Category: Financial Markets 2010
The analysis published under this category are as follows.
Saturday, December 18, 2010
Has the Stock Market Finally Run out of Steam? / Stock-Markets / Financial Markets 2010
By: Anthony_Cherniawski
False Hope? U.S. Leading Indicators Index Increases by Most in 8 Months
(Bloomberg) The index of U.S. leading economic indicators increased in November by the most in eight months, a signal the recovery will strengthen early next year.
The Conference Board’s gauge of the outlook for the next three to six months rose 1.1 percent after a revised 0.4 percent gain in October, the New York-based group said today. The reading matched the median forecast of economists surveyed by Bloomberg News.
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Friday, December 17, 2010
Crude Oil Futures Scam Continues Unabated / Stock-Markets / Financial Markets 2010
By: PhilStockWorld
What a joke the oil market is!First of all, the NYMEX contracts for January delivery close on Tuesday and there are still 132,168 open contracts or 1,000 barrels each (132M) scheduled for delivery to Cushing, OK, a facility that can handle at most, 45Mb of crude and is, at the moment, full. The price of those barrels surged from $86.82 all the way back to our shorting target of $89 yesterday, where we once again had a nice ride down. Now, in pre markets, it is back over $89 again and we'll short it again so I'm not complaining about the action but I am upset that this blatant rip-off of the American consumer can go on right under our "leadership's" noses.
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Thursday, December 16, 2010
The Inverse U.S. Dollar Relationship, SPX and Fear / Stock-Markets / Financial Markets 2010
By: Chris_Vermeulen
So far this week we have been seeing fear creep in the equities market. This Wednesday we started to see fear (green indicator) reach a level which tells me to start looking for the market to bottoming. I do follow a few other charts and indicators which warn me of a possible trend reversal (high probability setup) before it takes place but the US Dollar and selling volume are key.Read full article... Read full article...
Tuesday, December 14, 2010
EURO, USD and Equities in light of No decision from FOMC / Stock-Markets / Financial Markets 2010
By: Bari_Baig
We had the OPEC meeting which went almost unnoticed and today we have the FOMC. Would there be any policy change or let’s just say would the post meeting communiqué shed light on any possibility of tightening? The answer is a resounding No! And anyone anywhere expecting otherwise has gotten it totally wrong. Same could also be said about further easing therefore at best this meeting shall be one where committee members meet, have a brief discussion session and then call it a day, as if it was a “get together”.
Tuesday, December 14, 2010
U.S. Economy Still on Shaky Foundations, Gold Targets $1600 / Stock-Markets / Financial Markets 2010
By: Rosanne_Lim
In an innovative TV commercial for Barclays Bank, a man walks down on Wall Street but discovers that nearly everything is a fake movie set. The huge investment houses and international banks are all made of paintings on cloth or Styrofoam while the people are mannequins. The nightmare ended with the man finding one real bank which is Barclays Bank.
Monday, December 13, 2010
Just Another Manic Market Monday – Stagflation Now Official in China / Stock-Markets / Financial Markets 2010
By: PhilStockWorld
Wheeee, everything must be great!
We are crushing our levels as the market flies ever higher. Our 11,500 target on the Dow looks sure to be tested and we’re already flipping bullish with our "Breakout Defense" trades, in which our goal is to make 5,000% in 5 trades or less. We are not ashamed to jump on the bullish bandwagon – if they are giving away money, we’ll stand in line with everyone else, only we’ll take a larger share – thank you very much. We certainly know how to use leverage just like a Bankster – we have a spread and we’re not afraid to use it!
Sunday, December 12, 2010
Quantitative Easing Financial Markets Train Smash Coming / Stock-Markets / Financial Markets 2010
By: Brian_Bloom
In this analyst’s view, it is only a matter of time before the folly of Quantitative Easing becomes transparent to everyone. That time may be closer than most people think.
Here is a quote from an article entitled “Investors Hold Biggest Commodity Positions On Record; Viral Nonsense About Silver” written by Mike Shedlock.
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Sunday, December 12, 2010
SPX Stock Market Rally Near Completion, Is the FDIC Out of Cash? / Stock-Markets / Financial Markets 2010
By: Anthony_Cherniawski
November Budget Deficit $150.4 Billion, Worse Than $138 Billion Consensus, Biggest November Deficit On Record(ZeroHedge) The Treasury has released the November deficit, which at $150.4 billion was about $12 billion worse than expected. Total receipts were $148 billion, of which individual income taxes were $64.3 billion, while the government actually refunded $3.1 billion for corporate taxes in the month. While cumulative receipts since the start of the new fiscal year are better than in the prior year period ($135.7 billion compared to $109.1 billion), it is the expense side that is far more important: in November the government spent $299.4 billion, the bulk of which going to the Department of Health and Human Services ($72 billion), social security ($64 billion), and Defense ($57 billion).
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Saturday, December 11, 2010
Stocks Risking Taking, Bonds Take a Beating and Gold Volatility / Stock-Markets / Financial Markets 2010
By: Anthony_Cherniawski
A&P May File for Bankruptcy as Soon as Weekend After 151 Years in Business
(Bloomberg) Great Atlantic & Pacific Tea Co., the once-dominant grocery-store chain founded in 1859, may file for bankruptcy in the coming days to restructure debt, two people with knowledge of the matter said. A filing to reorganize under court protection may come as soon as this weekend, said the people, who declined to be identified because the matter is private. A&P hired law firm Kirkland & Ellis LLP to represent it in negotiations with creditors and in any Chapter 11 proceeding, the people said.
Saturday, December 11, 2010
Exiting Fixed Income Bonds and Moving into Equities / Stock-Markets / Financial Markets 2010
By: Mike_Paulenoff
A very quiet day, but the sellers are MIA -- at least for the time being. The enclosed comparison chart perhaps sheds some light on what is going on - bond prices continue to press lower concurrent with bouyant (grinding higher) equity prices, which suggests that money is exiting fixed income into equities.
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Friday, December 10, 2010
Stock Markets End Week with a Whimper / Stock-Markets / Financial Markets 2010
By: PhilStockWorld
I thought some uplifting music might help today as the markets have not been turning in a super performance this week despite a $1Tn tax cut/stimulus package pumped into it just 3 days ago. That morning, I posted Chris Kimble's charts from our Chart School and we were looking at key resistance at S&P 1,224, Nasdaq 2,600 (NDX 2,191), NYSE 7,751 and Russell 756. We're above all those this morning but what we're not above is my 11,500 level on the Dow. In fact, if you look at the Dow over the past 6 sessions, you'll notice we hit quite a wall at about 11,375.
Thursday, December 09, 2010
Is The Herd Trading Gold and SP500? / Stock-Markets / Financial Markets 2010
By: Chris_Vermeulen
Over the past 2 weeks we have seen the market sentiment change three times from extreme bullish to bearish and back to bullish as of today. Normally we don’t see the herd (average Joe) switch trading directions this quickly. Over the past 10 years I found that the average time for the herd to reach an extreme bullish or bearish bias takes between 4-6 weeks in length. It is this herd mentality which makes for some excellent trend trading opportunities. But with the quantitative easing, thinner traded market, and lack of trading participants (smaller herd) I find everyone is ready to change directions at the drop of a hat.
Wednesday, December 08, 2010
The Dollar, Failing Euro and Volatile Gold and Crude Oil / Stock-Markets / Financial Markets 2010
By: Bari_Baig
First we look at the Dollar index. The streets are cheering as the treasury yields have jumped in the past two days therefore giving the green back the boost it needed to snap out from last week’s losing streak but whenever you have extra hype which to us looks like a stampede we shy away from it for one reason, we aren’t strong enough to run with the stampede and more than often it serves us well. The hype is such that as if Green back is going to blow straight off the roof however, that hasn’t happened thus far. The Dollar index as we write is only marginally up 0.21% which hardly depicts anything but the hype.
Tuesday, December 07, 2010
Inflation Expectations, What’s Doctor Copper Predicting For the Stock Market? / Stock-Markets / Financial Markets 2010
By: Graham_Summers
Copper is often called Dr Copper as the metal is considered a bell-weather for the world economy due to its close correlation to economic growth (used by many industries, copper typically rallies when the world economy is growing).
Tuesday, December 07, 2010
Goldman Sachs Delusional World View, Pulling on Global Threads and the SEP / Stock-Markets / Financial Markets 2010
By: PhilStockWorld
"We think the global (and overall European) outlook remains robust."
That’s the word from Goldman Sachs’ Erik Nielson this weekend, who also observes that he was "Possibly deluded by the wonderful vibrancy of California." Deluded indeed seems to be an excellent choice of words with a new report out showing that California leads the nation in a local government pension crisis that has a $3.5Tn hole to fill and will not be sufficient to pay benefits through 2020 along with 5 other states while another 20 states will run out of funding by 2025. Is Nielson just saying anything to herd more suckers into the market by telling the sidelined cash that it’s safe to go back in the water or is he cleverly employing an SEP Field to bamboozle the public?